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Wolf Street

Imploded stocks

In a world where valuations are irrelevant.

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Recession talk is swirling densely all over the place, so let’s have a look.

The issue has been tight used-vehicle inventory due to reduced influx of 2021/2022 model years after the new-vehicle shortages at the time.

QT Continues at the slower pace announced in March.

If left alone, markets are good at sorting out a tough situation like this. The housing market could learn a lesson.